Although consumer electronics sensor have been in the market for quite a long time, the high power consumption and large size with the associated cost has been limiting their applications to new products like wearable devices. However, this scenario is rapidly changing with the market consistently moving towards smaller size of IC chips, which could help in reducing the overall cost of ownership to a great extent. The use of sensors for upcoming applications in health monitoring, indoor navigation will surely drive this market to new horizons.
This research study on the consumer electronics sensor market focuses on various product segments such as Touch, Image, Motion, Pressure, Position and Temperature Sensor. While Touch and Image are relatively mature product segments, Motion and Pressure are expected to grow at higher CAGRs during the forecast period. Apart from these product segments, the report is sub segmented by applications such as Entertainment, Information Technology, Communication Products, and Home Appliances.
The report also draws the competitive landscape of the global consumer electronics sensor market, analyzing the major players and the strategies adopted by them for growth in the market. Apart from the market segmentation data, the report also includes qualitative analysis of various market dynamics such as the drivers, restraints, opportunities, burning issues, and winning imperatives. It also analyzes the overall market through various models; such as the Porter's five forces model. The report includes profiles of major market players with their respective market share analysis.
